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Excel Dashboarding Techniques Explained

The document outlines the process and importance of creating dashboards in Excel, detailing various types such as operational, analytical, and strategic dashboards. It emphasizes the need for understanding data, formulating business questions, and following best practices for effective dashboard design. Additionally, it provides a step-by-step guide on setting up the environment, creating charts, and customizing dashboards for specific business needs.
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0% found this document useful (0 votes)
46 views69 pages

Excel Dashboarding Techniques Explained

The document outlines the process and importance of creating dashboards in Excel, detailing various types such as operational, analytical, and strategic dashboards. It emphasizes the need for understanding data, formulating business questions, and following best practices for effective dashboard design. Additionally, it provides a step-by-step guide on setting up the environment, creating charts, and customizing dashboards for specific business needs.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Session 6:

Dashboarding in Excel
Our Goal
What does
Dashboards do ?
Search of a problem Search of a solution
Types of Dashboards
Operational
Functional
Analytical
Executive
Strategic
Tactical
Operational Analytical Strategic

Tactical Executive Functional


Analytical Purpose

Strategic

Operational

• Historical data for deeper insights


Executive

• Trend identification
Functional

Tactical
Analytical Use Case

Strategic

Operational
• Understanding patterns,
Executive
• Performing root cause analysis
Functional
• Identifying long-term trends
Tactical
Features
Analytical

Strategic

• Focus on in-depth data analysis


Operational
• Typically covers longer time periods ( months
Executive
or years)
Functional • May include drill-down capabilities to
investigate data further
Tactical
Analytical Purpose

Strategic

Operational • Provide high-level overviews

Executive • Long-term strategic insights for business

Functional leaders and executives

Tactical
Analytical Use Case

Strategic

Operational
• Setting and monitoring organizational goals
Executive • Tracking progress toward long-term objectives

Functional
• Informing key business decisions

Tactical
Features
Analytical

Strategic

• Summarized data, often focusing on critical KPIs


Operational
• Provides insights into the overall health of the
Executive
business
Functional • Typically updated less frequently (monthly or
quarterly)
Tactical
Analytical Purpose

Strategic

Operational
• Monitor real-time data
Executive

• Provide insights into daily operations


Functional

Tactical
Analytical Use Case

Strategic

Operational
• For day-to-day decision-making
Executive • Operational efficiency

Functional
• Tracking KPIs (Key Performance Indicators).

Tactical
Features
Analytical

Strategic

• Focus on real-time data updates


Operational
• Monitors metrics such as sales, marketing
Executive
performance, customer support activity, etc
Functional • Highlights areas that require immediate attention or
action
Tactical
Analytical Purpose

Strategic

Operational

• Monitor real-time data


Executive
• Provide insights into daily operations
Functional

Tactical
Analytical Use Case

Strategic

Operational
• For day-to-day decision-making
Executive • Operational efficiency

Functional
• Tracking KPIs (Key Performance Indicators).

Tactical
Features
Analytical

Strategic

• Focus on real-time data updates


Operational
• Monitors metrics such as sales, marketing
Executive
performance, customer support activity, etc
Functional • Highlights areas that require immediate attention or
action
Tactical
Analytical Purpose

Strategic

Operational • Focus on key metrics and performance

Executive indicators relevant to a particular area of the

Functional business

Tactical
Analytical Use Case

Strategic

Operational
• Employee turnover and retention rates
Executive • Sales quota vs. actuals
• Email open rates and click-through rates
Functional

Tactical
Analytical Purpose

Strategic

Operational

• Focus on specific goals or projects, often used


Executive

for short-term tracking


Functional

Tactical
Analytical Use Case

Strategic

Operational
• Used by department heads or project managers
Executive to track the progress of initiatives and compare

Functional
current performance against set targets

Tactical
Features
Analytical

Strategic

Operational • Granular data focused on specific business processes

Executive
or areas
• Tracks short- to mid-term goals, such as sales targets
Functional
or project milestones
Tactical
If you have a Department wise revenue and cost analysis dashboard ?
What type of dashboard it is

Analytical Strategic Tactical Executive Functional Operational


The Story of 4 Friends and their
business

Four friends are starting their own farming businesses.

Each has a special skill to help them, but they all

struggle with analyzing and making decisions. Our goal

is to help them run their businesses successfully.


PizzaBun

The friends decided to name their business

"PizzaBun"—a pizza store with buns as the

crust. They’ve also pooled their money to

get started.
A Full Year

After 12 successful months, the friends


want to review their business progress.
They need to create a report (or
dashboard) but don’t know how. Let’s help
them!
Why do we Need a
Dashboard
Why do we Need a
Dashboard
What is an Excel Dashboard ?

An Excel dashboard is a collection of summaries created using pivot tables

or formulas. Its main purpose is to reveal hidden insights from data. Some

dashboards focus on solving specific problems, tracking KPIs, or analyzing

performance. Dashboards are designed for third parties like managers,

clients, or executives. There are three main types:

• Formulated Dashboards (focused on numbers)

• Charted Dashboards (visually appealing)

• Pivot Table Dashboards (a mix of visuals and data)


Before Creating a Dashboard

● Understand the Data well

● Create a list of areas you wish to focus on the dashboard

● Create a list of Business Questions and Pick the most

insightful ones for your dashboard

● Create a list of High Level Summaries you wish to create for

the dashboard
Creating Business Questions
● Pick any one text Field from the data and write down the unique values of that field
● Repeat the same with other fields too
● Now manipulate the fields with each other
● Example: Order type has “Online” & “Physical Visit” so the question can be
“How Many Total Products sold via online Mode ?
Keep in Mind
Some of the
Best Practices
are below when
you create a
dashboard.
You

• Remove Distractions
• Keep the dashboard area clean without background
• Increase the font sizes and customize heavily for your users
• Keep the colours consistent
• Make it informative
• Gather the questions before inserting the first chart
• Always have a overall view and then the break down information
Eight Essentials

1. Setting up the Environment


2. Creating Business Answers
3. Creating Charts
4. Aligning the charts
5. Removing Distractions
6. Bringing the Insights out
7. Slicers
8. Colouring and theming
Customer Support
Dashboard
Setting up the
Environment
Setting up the Environment

1. Dedicated Sheets for Pivots & Dashboards


2. Disable Grid Lines
3. Zoom IN or OUT for Final View
4. Disable Formula Bar
5. Collapse the Ribbon
6. Disable Headers
7. Ensure the Final View is Good enough
8. Final Layout in mind
Layout

Dashboard Title
KPI's

Chart 1 Chart 2 Summary and Insights

Vertical Slicers Chart 3 Chart 4 Chart 5 Chart 6

Trend Chart 1 or Other Charts Trend Chart 2 or other Charts


Creating
Business
Answers
Creating
Charts
Choosing Charts

Bar Chart Funnel


Chart
Choosing Charts

Line Chart Pie Chart


Choosing Charts

Bullet Graph

Scatter Plot
Aligning the
charts
Removing
Distractions
Bringing the
Insights out
Slicers
Customizing
Everything
Colouring
& Theming
The
Creative
Touch
Let’s Create Individual Dashboards for
Each of them

Strawbia
Orangesingh
Pinapiya

Customer Support Financial Order Fulfilment


Dashboard Dashboard Dashboard
Financial Dashboard
Pivot Table
Grouping
Contextual
Charting
Slicers
Customizing
Everything
Colouring
& Theming
Basic
Summariza
tion
Let’s Create Individual Dashboards for
Each of them

Strawbia
Orangesingh
Pinapiya

Customer Support Financial Order Fulfilment


Dashboard Dashboard Dashboard
Order Fulfilment
Dashboard
KPI
Custom
Formatting
Logarithmi
c Scale
Customizing
Slicers
Customizin
g Numbers
Chart Level
Summariza
tion

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